When are analytical procedures performed?
A) as a part of completing the audit
B) during the planning phase
C) when performing detailed tests
D) all of the above

Question

Quizplus · Accepted Answer

Analytical procedures are used at various stages of an audit: during the planning phase to understand the entity and its environment, as a substantive test when performing detailed tests of transactions and balances, and as part of completing the audit to assist in forming an overall conclusion.

When Are Analytical Procedures Performed